6, LILAC CLOSE, BOURNE, PE10 9TS - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 LILAC CLOSE is a midsized detached house of 108m², built sometime between 1983 and 1990. It was last sold for £400,000 in April 2023, which was around 8% above the average April 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2022, where the current energy rating was B, and the potential energy rating was B.

6 LILAC CLOSE Sold Prices

Land registry data shows four sales for 6 LILAC CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 6 LILAC CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 21 APR	£400,000	£370,293	8% above HPI
2006 29 JUN	£247,000	£220,527	12% above HPI
2000 16 MAY	£125,000	£102,325	22% above HPI
1997 30 JUL	£91,000	£78,035	17% above HPI

6 LILAC CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 6 LILAC CLOSE sales between July 1997 and April 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2006 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2023 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 6 LILAC CLOSE?

6 LILAC CLOSE is 108m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 50% of detached houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses by size in Bourne, and where 6 LILAC CLOSE lies on this distribution: 47% of detached houses are smaller than 6 LILAC CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Bourne.

6 LILAC CLOSE: Plot and Title Map

6 LILAC CLOSE sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of 6 LILAC CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 6 LILAC CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 6 LILAC CLOSE?

6 LILAC CLOSE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 6 on LILAC CLOSE.